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Monroe Capital Provides $19.25MM Financing to Online Travel Company

August 26, 2015, 07:51 AM
Filed Under: Technology
Related: Monroe Capital

Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a $19.25 million senior credit facility to support the recapitalization and growth of an online travel company.
The company is a leading provider of online advertising and booking services for vacation rental properties located throughout the United States, Caribbean and Mexico. The company’s websites generate more than four million unique visitors annually. This transaction is representative of Monroe Capital’s extensive capabilities in its technology vertical.
Monroe Capital LLC is a leading provider of senior and junior debt and equity co-investments to middle-market companies in the U.S. and Canada. Investment types include unitranche financings, cash flow and enterprise value based loans, acquisition facilities, mezzanine debt, second lien or last-out loans and equity co-investments.

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